Triveni Turbine Limited has informed the Exchange regarding allotment of 3357 shares by ESOP Allotment Committee at its meeting of held on August 19, 2025, pursuant to Triveni Turbine Limited - Employee Stock Unit Plan 2023
TRITURBINE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Triveni Turbine Limited's Share Allotment Committee allotted 3,357 equity shares of face value Re. 1 each on August 19, 2025, pursuant to the Triveni Turbine Limited - Employee Stock Unit Plan 2023. These shares were issued upon exercise of vested stock options by employees at an exercise price of Re. 1 per share with no premium. As a result, the company's total issued and paid-up share capital increased from Rs. 31,78,76,913 (31,78,76,913 shares) to Rs. 31,78,80,270 (31,78,80,270 shares). The newly allotted shares will rank pari-passu with existing equity shares. The company is listed on both BSE and NSE, and the announcement has also been uploaded on its corporate website.
This is a routine, small-scale ESOP allotment with negligible dilution (~0.01% increase in share count) and is unlikely to have any material impact on the stock price or shareholder value. It signals continued employee incentivisation but carries no significant financial implications for existing shareholders.